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Full Tilt Poker continues to take a battering from its failure to pay out US customers and appears to be sinking faster than the Titanic. While still accepting customers from outside the US, European and Canadian players appear to be more apprehensive about playing there based on “real cash” traffic numbers.
PokerScout.com reveals that Full Tilt’s weekly average “real cash player” numbers have fallen below 9000 for the first time in years. The online poker room was averaging well over 15,000 “real cash players” prior to being indicted on April 15 in the United States for allegedly money laundering and bank fraud. For the few weeks that followed, Full Tilt managed to average around 11,000 “real cash players”. By the end of May, Full Tilt’s 7-day average sat at 8900.
From PokerScout.com:
Full Tilt Poker ranked among the week's biggest losers once again with a 7% decline in traffic. This marks the fourth consecutive weekly decrease and the third consecutive drop of more than 5%. In the last week, there have been Signs, Signals and that Full Tilt is gradually getting its financial house in order, but US players continue to wait for definitive word on the fate of their funds.
The latest official word would seem to confirm speculation that the primary obstacle to paying back US customers is a simple lack of funds after the Black Friday seizures. The site says it is currently "raising capital to ensure that the US players are paid out in full as quickly as possible."
- Patrick Flanagan, Gambling911.com
